Friday, 13th October 2000.
Type: Five-year stepped discounted rate for remortgages only.
Discounted term: Until December 31, 2005.
Discount: Year one and two - 2 per cent, year three, four and five - 1 per cent.
Payable rate: Year one and two - 5.49 per cent, year three, four and five - 6.49 per cent.
Minimum loan: £5,000.
Maximum loan: Up to 90 per cent of valuation subject to a maximum of £250,000.
Income multiples: 3.5 times principal income plus second or 2.5 times joint.
Redemption fee: 3 per cent of advance in the first five years.
Arrangement fee: None.Conditions: Additional 0.19 per cent added to fixed rate if buildings and contents insurance not taken out with Principality.
Introducer's fee: Subject to negotiation.
Tel: 0800 163 817.